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SEC RIN: 3235-AK68 Publication ID: Fall 2010 
Title: ●Shareholder Approval of Executive Compensation and Golden Parachute Compensation 
Abstract: The Commission proposed revisions to the proxy rules to implement section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires issuers to conduct a separate shareholder advisory vote: (1) To approve the compensation of executives; (2) to determine how often they will conduct such votes; and (3) to approve golden parachute compensation arrangements when issuers are soliciting votes to approve merger or acquisition transactions. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: PL 111-203 sec 951    15 USC 78c(b)    15 USC 78m    15 USC 78n    15 USC 78w(a)    15 USC 78mm   
Legal Deadline:
Action Source Description Date
Final  Statutory  Statutory requirement for issuers to conduct separate shareholder advisory votes is effective six months from the date of enactment.  nulldate 
Timetable:
Action Date FR Cite
NPRM  10/28/2010  75 FR 66590   
NPRM Comment Period End  11/18/2010    
Final Action  01/00/2011    
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Information URL: www.sec.gov/rules/proposed/2010/33-9153.pdf  
RIN Data Printed in the FR: Yes 
Agency Contact:
Scott Hodgdon
Division of Corporation Finance
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-3430